Wells Fargo & Company (NYSE: WFC) recently received a number of ratings updates from brokerages and research firms:
- 10/30/2026 – Wells Fargo & Company had its price target raised by JPMorgan Chase & Co. from $91.50 to $92.00. They now have a “neutral” rating on the stock.
- 10/15/2026 – Wells Fargo & Company had its “buy (b)” rating reaffirmed by Weiss Ratings.
- 10/14/2026 – Wells Fargo & Company had its price target lowered by Keefe, Bruyette & Woods from $94.00 to $90.00. They now have a “market perform” rating on the stock.
- 10/14/2026 – Wells Fargo & Company had its price target lowered by Royal Bank Of Canada from $100.00 to $92.00. They now have an “outperform” rating on the stock.
- 10/14/2026 – Wells Fargo & Company had its price target lowered by Morgan Stanley from $102.00 to $101.00. They now have an “overweight” rating on the stock.
- 10/14/2026 – Wells Fargo & Company had its price target lowered by Citigroup from $90.00 to $88.00. They now have a “neutral” rating on the stock.
- 10/13/2026 – Wells Fargo & Company was given a new $94.00 price target by The Goldman Sachs Group.
- 10/8/2026 – Wells Fargo & Company is now covered by TD Cowen. They set a “buy” rating and a $95.00 price target on the stock.
- 10/5/2026 – Wells Fargo & Company had its price target lowered by The Goldman Sachs Group from $107.00 to $96.00. They now have a “buy” rating on the stock.
- 10/5/2026 – Wells Fargo & Company was upgraded by Morgan Stanley from “equal weight” to “overweight”. They now have a $102.00 price target on the stock.
- 10/5/2026 – Wells Fargo & Company had its price target lowered by UBS Group from $104.00 to $102.00. They now have a “buy” rating on the stock.
- 10/2/2026 – Wells Fargo & Company had its price target lowered by JPMorgan Chase & Co. from $95.50 to $91.50. They now have a “neutral” rating on the stock.
- 10/1/2026 – Wells Fargo & Company had its price target raised by Truist Financial from $94.00 to $95.00. They now have a “buy” rating on the stock.
- 9/28/2026 – Wells Fargo & Company is now covered by HSBC. They set a “buy” rating and a $108.00 price target on the stock.
Wells Fargo & Company Trading Down 0.5%
Shares of Wells Fargo & Company stock opened at $85.50 on Wednesday. The business has a fifty day simple moving average of $84.38 and a two-hundred day simple moving average of $83.64. Wells Fargo & Company has a 1 year low of $72.78 and a 1 year high of $97.76. The company has a market capitalization of $256.66 billion, a price-to-earnings ratio of 12.06, a P/E/G ratio of 0.92 and a beta of 0.93. The company has a debt-to-equity ratio of 1.14, a current ratio of 0.89 and a quick ratio of 0.89.
Wells Fargo & Company (NYSE:WFC – Get Free Report) last posted its earnings results on Tuesday, October 13th. The financial services provider reported $1.87 EPS for the quarter, beating the consensus estimate of $1.85 by $0.02. The company had revenue of $21.87 billion for the quarter, compared to the consensus estimate of $22.30 billion. Wells Fargo & Company had a return on equity of 14.05% and a net margin of 17.64%. The firm’s revenue for the quarter was up 2.0% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.66 earnings per share. Research analysts forecast that Wells Fargo & Company will post 7.27 EPS for the current year.
Wells Fargo & Company Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Tuesday, December 1st. Shareholders of record on Friday, November 6th will be paid a dividend of $0.50 per share. The ex-dividend date of this dividend is Friday, November 6th. This represents a $2.00 annualized dividend and a yield of 2.3%. Wells Fargo & Company’s payout ratio is presently 28.21%.
Wells Fargo & Company is a diversified financial services company that provides banking, lending, investment, and financial management services to individuals, businesses, and institutions. Its offerings include deposit accounts, residential and commercial lending, credit cards, payments, treasury management, and other banking products.
The company also provides wealth and investment management services, including financial planning, brokerage, advisory, and private banking solutions.
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